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Hashdex Nasdaq Crypto Index US ETF

Hashdex again amends S-1 for Nasdaq Crypto Index US ETF

Another amended filing signals continued progress toward bringing a diversified cryptocurrency index fund to US exchanges.

Asset manager Hashdex has submitted its second amended application for a proposed exchange-traded fund (ETF) designed as a one-stop-shop cryptocurrency portfolio, according to a Nov. 25 regulatory filing.

The revised filing signals continued progress for the crypto index ETF with the Securities and Exchange Commission (SEC), the United States’ top financial regulator.

Hashdex filed its first amended S-1 in October after the SEC asked for more time to reach a decision on whether to authorize the ETF for trading.

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Hashdex files S-1 for ETF to hold Bitcoin, Ether and potentially others

The Hashdex Nasdaq Crypto Index US ETF could see other cryptocurrencies added down the track, subject to all the necessary approvals.

Digital asset manager Hashdex has taken another step in its proposal to offer a combined spot Bitcoin and Ether exchange-traded fund in the United States.

On June 24, the firm submitted an S-1 registration statement for its Hashdex Nasdaq Crypto Index US ETF, which will track certain cryptocurrency assets in the Nasdaq Crypto US Settlement Price Index — a daily closing value of the Nasdaq Crypto Index which measures the performance of a significant portion of the digital asset market.

The fund currently only seeks to include Bitcoin (BTC) and Ether (ETH), but the filing suggests that more assets could be added later.

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Bitcoin Technical Analysis: Bulls Eye $100K as Resistance Weakens